Following Russia’s invasion of Ukraine, global venture funding announcements and disclosures have slowed dramatically.
Since last Thursday, when the attack commenced, just 154 companies across the globe have revealed a seed, early- or late-stage venture investment of disclosed size, per Crunchbase data . Altogether, those rounds totaled $3.65 billion. That works out to an average of $912 million invested across 39 rounds per weekday.
Those aren’t tiny numbers, but they are rather diminutive in comparison to what we’ve seen previously. For the first 23 days of February, for instance, companies announced $30.68 billion in seed through late-stage funding globally. That works out to over $1.9 billion per weekday—more than double what we saw post-attack.
Global startup funding announcements slowed dramatically following Russia’s attack on UkraineRead More
